An introduction to helpful forecasting methods for hotel revenue management
LN Pereira - International Journal of Hospitality Management, 2016 - Elsevier
Revenue management is a key tool for hotel managers' decision-making process. Cutting-
edge revenue management systems have been developed to support managers' decisions
and all have as an essential component an accurate forecasting module. This paper aims to
introduce new time series forecasting models to be considered as a tool for forecasting daily
hotel occupancies. These models were developed in a state space modelling framework
which is capable of tackling seasonal complexities such as multiple seasonal periods and …
edge revenue management systems have been developed to support managers' decisions
and all have as an essential component an accurate forecasting module. This paper aims to
introduce new time series forecasting models to be considered as a tool for forecasting daily
hotel occupancies. These models were developed in a state space modelling framework
which is capable of tackling seasonal complexities such as multiple seasonal periods and …
An introduction to helpful forecasting methods for hotel revenue management [Summary]
LN Pereira - 2016 - vtechworks.lib.vt.edu
Revenue management is a key tool for hotel managers' decision-making process. Cutting-
edge revenue management systems have been developed to support managers' decisions
and all have as an essential component an accurate forecasting module. This paper aims to
introduce new time series forecasting models to be considered as a tool for forecasting daily
hotel occupancies. These models were developed in a state space modeling framework
which is capable of tackling seasonal complexities such as multiple seasonal periods and …
edge revenue management systems have been developed to support managers' decisions
and all have as an essential component an accurate forecasting module. This paper aims to
introduce new time series forecasting models to be considered as a tool for forecasting daily
hotel occupancies. These models were developed in a state space modeling framework
which is capable of tackling seasonal complexities such as multiple seasonal periods and …
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